I MADE A MISTAKE. I WAS WRONG. I’M NOT SELLING. THANK YOU

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In the video from the other day I expressed my doubts on the certainty of an incoming bull run. A lot of people took umbrage with me. Hopefully this will help clear up some confusion.

Thank you everyone who reached out with support. Truly means a lot. We have a great community here. Glad you all are on the Altcoin Daily Team!

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Original Video: I’m Thinking Of Selling… I Have MAJOR Doubts On Bitcoin’s Bull Run…

I’m Thinking Of Selling… I Have MAJOR Doubts On Bitcoin’s Bull Run…

Bitcoin & Co. with Anita Posch (English)
Dan Held: Silicon Valley Fundamentally Doesn’t Understand Bitcoin
https://podcasts.google.com/?feed=aHR0cHM6Ly9iaXRjb2ludW5kY28uY29tL2VuL2ZlZWQvbXAzLw&episode=cG9kbG92ZS0yMDE5LTEwLTA5dDA4OjA0OjAwKzAwOjAwLTkwMDNjOGQwZTMxMmI0MA&hl=en&ved=2ahUKEwjZgs39x6flAhWJop4KHX2WANoQieUEegQIBRAG&ep=6&at=1571461961401
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I MADE A MISTAKE. I WAS WRONG. I’M NOT SELLING. THANK YOU

45 comments

  1. I think you need to take a break from Crypto. It’s ok to take some time off, this space can drive one mad.

  2. 1:55 hey dawg, heard you like altcoin daily, so i put an altcoin daily video inside your altcoin daily video video.

  3. You weren’t wrong.

    You only said you were “ thinking of selling”

    It’s all good bro 👍

  4. I am an independent. Just thinking out loud the other day. Glad I’m able to clear up the confusion.

  5. There won’t be a billion users 2 years from now. That would be 1 out of 7 people on the planet. C’mon now.

  6. Next video : i was wrong that i said i was wrong !! 😂😂 i know that feeling man !! Sometimes i adk myself if i made good decision that i hodle bitcoin or not !! But BITCOIN is the king and nothing come close to it 👑💪💪💪

  7. Even tho you have bipolar lol just joking I like your vids.
    But I did sell some bitcoin but I was buying since 3k you have to know when to scale out the market. With btc on the verge of going lower I will scale back in with new money. Dont get it twisted we all love Bitcoin but cash is still king.

  8. Feel free to sell or buy BTC anytime you see fit. Doubt about a strategy is perfectly normal. I will give that supercycle a chance 😉

  9. ROLLER COASTER RIDES ARE SOMETIMES SHAKEY AND SCARY,.. BUT THEY ALWAYS GET YOU BACK TO THE PLATFORM SAFELY,.. IN THE END, WE SAY WOW!!.. THAT WAS AMAZING!!😎👍

  10. Austin – I think the fear that you are expressing is exactly the type of thoughts that wave 2’s create. The psychology of market movements goes from cautious optimism in wave 1, to doubt culminating in fear at the bottom of wave 2 which is typically a deep retrace of wave 1. Wave 3 is typically the longest, most powerful up wave except in commodities which is wave 5 (will BTC act like a commodity in waves, yet to be determined). Wave 4 is more of a flat correction than wave 2, the psychology is a little disbelief that wave 5 may not come as corrective waves are A-B-C and unless you count correctly, you don’t know for sure which is which (like right now, it could be that we are in a big wave C down that will take us to new lows – but for several reasons I don’t think that’s the case but I haven’t ruled it out [the upstroke is more broad than the downstroke for one clue]. I have the ability to HODL thru if it is, and won’t sell as I am confident in the long term thesis.) So to me I think odds are that we are at or near the bottom of wave 2, we don’t want to miss wave 3. But we could also sell trend breaks going down and buy them going up instead of HODLing. The problem with that for me is trading costs, taxes, accounting costs, and mistakes can cost more than is saved, thus in this medium I am a HODLer of last resort, using long term money.

    I wish you the best of luck. Whenever I have doubt, I listen to Trace Mayer – in my opinion, he is the most correct at understanding the history of money and the significance of BTC. BTW, now is a great time to be accumulating LTC and BCH, but patience is required.

  11. Actually, I think you said “Most people don’t own gold” I would put an asterisk on that. Most people in first world, do own gold, but probably unwittingly. Gold is in just about every computer, almost every cell phone, and has utility beyond simply speculation of its scarcity value.
    I think bitcoin needs the story as well. Other than speculation, it needs utility in first world markets. If it is an anchor of value for other block chain projects, maybe that will be the “gold connector” Similar to what connects electronic components So they work properly and most efficiently.

    A lot of people own a gold wedding ring. The utility of that wedding ring, can be debated. But also they likely have electronics in their house that requires gold to be most efficient. Maybe that’s what will have first world adoption for bitcoin as well.

  12. OMG… this comment made me laugh out loud literally. Sorry, if you’re into Crypto to the level that Altcoin Daily is, then you do not just “take some time off”… we’re saving the world here

  13. I’ve also had the theory this next bull run will massively over shoot the stock to flow model.

    Although I also think it will be the most volatile both up & down on the way there due to big institutions now being able to get in through products by bakkt, fidelity etc.

    They aren’t happy they were late to this party and will try their best to shake out as many weak hands as possible.

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